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Mastodon Founder Says Investors Lining Up Since Elon Musk’s Twitter Takeover
HTIC Global

The founder of Mastodon, Eugen Rochko, said that he got offers of hundreds of thousands of dollars from Silicon Valley private equity firms. He has already rejected more than five US-based investors.

Mastodon grew in popularity as a result of Elon Musk’s chaotic debut as a social media owner. There was an increasing growth of active users from 300,000 monthly active users to 2.5 million after the acquisition of Twitter by Elon Musk. Musk reinstated the banned accounts of Donald Trump and a few of his followers. Also temporarily suspend journalists at publications including the New York Times and Washington Post.

Musk’s acts as soon as he took charge were controversial, and Rochko said that Mastodon will not turn into everything that we hate about Twitter. He said that it is the difference between Twitter and Mastodon.

Musks’ controversial acts dragged Mastodon into it, as its own Twitter account was suspended for sharing a link to the Mastodon account of @elonjet. This account was suspended for showing the location of his private jet. He also banned all links to Mastodon and suspended users who tweeted their Mastodon names.

Rochko wrote that this is the difference between a centralized and decentralized platform. Twitter is a centralized platform, and it imposes arbitrary and unfair limits on what you can and cannot say. He also said that at Mastodon, there will not be a middleman between you and your audience. He is pointing out to journalists and government institutions that they don’t have to rely on a private platform to reach the public.

That statement is directly aimed at Twitter. He is pointing out Musk’s actions and stating that Mastodon can be an alternative for those who hate Twitter and its actions by Musk.

What is Mastodon?

Mastodon is a decentralized social network that is made up of independent servers. These servers are organized around specific themes, topics, or interests. People can join servers, follow each other, start conversations, and do all sorts of things they’d do on social media platforms like Twitter.

Mastodon was there since 2016, but blew up at the end of 2022 when Elon Musk bought Twitter. After Musk bought Twitter, it became the Elon Musk social media.

A lot of people leave Twitter for Mastodon. Even though it may look similar, Mastodon is completely different from Twitter.

The main difference between Twitter and Mastodon is that Twitter is owned and operated by a single company, whereas mastodon is made up of thousands of independent servers.

You can do a lot of things with a mastodon. You can talk about the things on your mind, engage in conversations, post pictures, and so on.

Can Mastodon be an alternative?

Mastodon can be an alternative to Twitter in marketing. Twitter lets you search hashtags and topics, but it may not help you all the time. In Mastodon, each server hosted people with similar interests who gathered around a single topic. It can be anything, including locality, a shared interest, or even a specific career.

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